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OPINION: The Ferret ... digs behind the headlines

1 min read

Oh yeah? There are two problems with this. First, the 513m never was, and never was claimed to be, real money. It isn't actual pounds and pence that a principal youth officer can rub their hands over and chuckle: "I'm rich, I'm rich, it's all mine ..." It is an accountancy calculation based on a complex formula-funding share. That is different from money.

The second problem is that the 513m is not a youth service figure. It is the amount allocated to a youth and community sub-block of the education budget. That includes community education and spending on student support in further education.

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